Intel Corp. on Tuesday announced a new line of microprocessors for data centers, setting up a battle with Advanced Micro Devices and others for the lucrative business of supplying the chips that power cloud computing.

​ With the exponential up-tick in adoption of emerging technologies like Artificial Intelligence (AI), Internet of Things (IOT) and Cloud, the rising demand for talent in these platforms has vastly outstripped the supply, a survey said on Wednesday.